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Chegg Inc  (CHGG)
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Earnings propelled by $167.26 millions provisions on income taxes

A $167.26 millions in income tax provisions, supported Chegg Inc to present $1.23 eps in the financial third quarter of 2022

Published 2022-11-02T16:05:44+00:00
Goran Soko / CSIMarket.com Contributer

Considering the fiscal interval ending September 30 2022 earnings per share soared by 515 % to $1.23 per share, regardless of Revenue decrease of -16.999 % to $164.74 millions, year on year.

From the prior times, earnings per share elevated on the another level by 1950 % from $0.06 per share and Revenues fell by -15.397 % from $194.72 millions.


Bottom-line of $251.562 millions in the fiscal span closing September 30 2022 increased by 667.8 % from net earnings of $32.764 millions reported in the fiscal span closing September 30 2022 a year ago.

To be fair enough, the Chegg Incs' income improvement has been supported by the $167.26 million provisions on income taxes, without it, the third quarter of 2022 recent numbers should be much more moderate.


Chegg Inc is expected to report next financial recent numbers on February 21, 2023.


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Other CHGG's Earnings Reports

Chegg Inc reported second quarter 2022 earnings

Chegg Inc reported first quarter 2022 earnings

Chegg Inc reported fourth quarter 2021 earnings

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